In the wake of California's primary utility company PG&E seeking to file bankruptcy for the second time in a decade, an interesting case could be made for the government to take control over primary necessities such as energy, utilities, and even banking in the economy.
This of course is what is done in China under their Socialist economic model, where the government controls areas such as finance, energy, resources, and transportation, and the rest of the economy is left open for entrepreneurs and capitalism.
But is this something that could take place in America? Well according to a number of declarations by President Donald Trump over the past few months, this is exactly what he is proposing in multiple areas around the country.
Trump apparently wants to control 5G in a ‘state-run’ socialist twist to American capitalism—and now there are indications that it could become part of the 2020 election campaign.
Over the weekend, President Donald Trump’s 2020 campaign team renewed its controversial pitch on nationalizing the country’s 5G network. In other words, the government would have control of 5G airwaves and lease access to private wireless providers. - Safehaven
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